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Public Storage (Public Storage) Price-to-Owner-Earnings : 16.00 (As of Apr. 27, 2024)


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What is Public Storage Price-to-Owner-Earnings?

As of today (2024-04-27), Public Storage's share price is $257.73. Public Storage's Owner Earnings per Share (TTM) ended in Dec. 2023 was $16.11. It's Price-to-Owner-Earnings for today is 16.00.


The historical rank and industry rank for Public Storage's Price-to-Owner-Earnings or its related term are showing as below:

PSA' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 9.24   Med: 21.64   Max: 30.15
Current: 16

During the past 13 years, the highest Price-to-Owner-Earnings of Public Storage was 30.15. The lowest was 9.24. And the median was 21.64.


PSA's Price-to-Owner-Earnings is ranked worse than
56% of 250 companies
in the REITs industry
Industry Median: 14.325 vs PSA: 16.00

As of today (2024-04-27), Public Storage's share price is $257.73. Public Storage's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $11.06. Therefore, Public Storage's PE Ratio for today is 23.30.

As of today (2024-04-27), Public Storage's share price is $257.73. Public Storage's EPS without NRI for the trailing twelve months (TTM) ended in was $11.32. Therefore, Public Storage's PE Ratio without NRI for today is 22.77.

During the past 13 years, Public Storage's highest PE Ratio without NRI was 44.87. The lowest was 18.88. And the median was 32.17.


Public Storage Price-to-Owner-Earnings Historical Data

The historical data trend for Public Storage's Price-to-Owner-Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Public Storage Price-to-Owner-Earnings Chart

Public Storage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.45 23.46 26.44 9.89 18.94

Public Storage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.89 10.79 10.54 17.03 18.94

Competitive Comparison of Public Storage's Price-to-Owner-Earnings

For the REIT - Industrial subindustry, Public Storage's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Public Storage's Price-to-Owner-Earnings Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Public Storage's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Public Storage's Price-to-Owner-Earnings falls into.



Public Storage Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Public Storage's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=257.73/16.11
=16.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Public Storage  (NYSE:PSA) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Public Storage Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Public Storage's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Public Storage (Public Storage) Business Description

Industry
Address
701 Western Avenue, Glendale, CA, USA, 91201-2349
Public Storage is the largest owner of self-storage facilities in the U.S. with more than 2,880 self-storage facilities in 40 states and approximately 200 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.
Executives
Nathaniel A. Vitan officer: Chief Legal Officer 701 WESTERN AVENUE, GLENDALE CA 91201-2349
John Reyes director 701 WESTERN AVENUE, GLENDALE CA 91201
Havner Ronald L Jr director 701 WESTERN AVENUE, GLENDALE CA 91201
Avedick Baruyr Poladian director 701 WESTERN AVENUE, GLENDALE CA 91201
David Lee officer: Chief Operating Officer C/O PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Russell Joseph D Jr officer: President & CEO PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Tamara Hughes Gustavson director, 10 percent owner 701 WESTERN AVENUE, GLENDALE CA 91201-2349
Heisz Leslie Stone director C/O PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Ronald P Spogli director 701 WESTERN AVENUE, GLENDALE CA 91201
Kristy Pipes director C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Shroff Michelle Millstone director C/O PARTY CITY HOLDCO INC., 80 GRASSLANDS ROAD, ELMSFORD NY 10523
Rebecca L Owen director 1750 H STREET, SUITE 500, COLUMBIA EQUITY TRUST, INC., WASHINGTON DC 20006
Paul S Williams director C/O MAJOR, LINDSEY & AFRICA, 1 SOUTH WACKER DRIVE, SUITE 1750, CHICAGO IL 60606
Tariq M Shaukat director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
David J Neithercut director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606